XRP was a non-factor for Coinbase in 2024... but fast forward to 2025, and it’s rewriting the rules. 🔄
📊 Coinbase Q2 2025 Highlights:
🔹 XRP now accounts for 13% of transaction revenue — beating Ethereum (12%)
🔹 Only Bitcoin is ahead, with a dominant 34% share
🔹 In H1 2025, XRP even widened the gap: 16% vs. ETH’s 11%
🔥 That’s a massive comeback for a token that wasn’t even on the radar a year ago.
📅 XRP was re-listed in July 2023, following Coinbase’s initial delisting after the SEC lawsuit.
💰 Coinbase’s Crypto Treasury:
🥇 Bitcoin: $1.3B
🥈 Ethereum: $300M
🥉 Others: $200M
📈 Stablecoin Revenue Boom:
Despite Fed rate cuts (-100bps YTD), stablecoin revenue is up 44% vs. 2024 — a bullish signal for crypto payment infrastructure.
🚀 What This Means:
XRP is no longer just riding the waves — it’s taking center stage in trading volume and revenue. Coinbase’s data shows a clear shift in trader behavior, and XRP is emerging as a key altcoin to watch.